CIOAdvisor Apac

  • Home
  • Conference
  • Newsletter
  • Whitepapers
  • News
  • Subscribe
  • About Us
  • Specials

  • Menu
      • Ad Management
      • Application Security Testing
      • Artificial Intelligence
      • Augmented and Virtual Reality
      • Backup and Storage
      • Blockchain
      • BPM
      • BPO
      • Cloud
      • Contact Center
      • Data Analytics
      • Digital Marketing
      • Disaster Recovery Services
      • Disinfection and Sanitization
      • E-Invoicing
      • Ecommerce
      • Emerging Technology
      • Enterprise Mobility
      • GIS
      • Govt Tech
      • HubSpot
      • Human Capital Management
      • Human Resource
      • ICT
      • IoT
      • ISP
      • IT Service Management
      • Laser and Photonics
      • Leadership Development
      • LMS
      • Logistics
      • Machine Learning
      • Machine Vision
      • Managed Print Services
      • Marketing Technology
      • Mobile Application
      • Parking Management
      • Payment And Card
      • Risk Management
      • Robotics
      • RPA
      • SDN
      • Staffing and Recruitment Services
      • Telecom
  • BPO
  • BPM
  • Data Analytics
  • Disaster Recovery
  • Leadership Development
  • Mobile Application
Specials
  • Specials

  • Ad Management
  • Application Security Testing
  • Artificial Intelligence
  • Augmented and Virtual Reality
  • Backup and Storage
  • Blockchain
  • BPM
  • BPO
  • Cloud
  • Contact Center
  • Data Analytics
  • Digital Marketing
  • Disaster Recovery Services
  • Disinfection and Sanitization
  • E-Invoicing
  • Ecommerce
  • Emerging Technology
  • Enterprise Mobility
  • GIS
  • Govt Tech
  • HubSpot
  • Human Capital Management
  • Human Resource
  • ICT
  • IoT
  • ISP
  • IT Service Management
  • Laser and Photonics
  • Leadership Development
  • LMS
  • Logistics
  • Machine Learning
  • Machine Vision
  • Managed Print Services
  • Marketing Technology
  • Mobile Application
  • Parking Management
  • Payment And Card
  • Risk Management
  • Robotics
  • RPA
  • SDN
  • Staffing and Recruitment Services
  • Telecom
×
#

CIO Advisor APAC Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Advisor APAC

Subscribe

loading
  • Home
  • News
Editor's Pick (1 - 4 of 8)
left
Artificial Intelligence (AI) Operated Petrochemical Plants

John Boot, CIO, Yutime

IT Strategy in the Age of AI

Kapil Mahajan, CIO, Safexpress

Responsible AI: The Human-Machine Symbiosis

Sal Cucchiara, CIO & Head of Wealth Management Technology, Morgan Stanley

Conquering Technological Transformation

David Kennedy, Group CIO, Transaction Services Group

Where is the Value in AI?

Mansoor Karatela, CIO, Brisbane Airport Corporation

AI: The Next-Frontier in Business

Bora Arslan, Chief Analytics Officer, IAG

Cultivating Fit-For-Purpose AI

Gautam Aggarwal, Senior Vice President, Operations & Technology, Asia Pacific, Mastercard (ASX – DHG)

How AI can Revamp a Business

Matt Kuperholz, Partner and Chief Data Scientist, PwC

right

THANK YOU FOR SUBSCRIBING

AI with Human Touch: Can Manufacturing Achieve its Full Potential?

By CIOAdvisor Apac | Monday, December 23, 2019
Tweet

AI is not restricted only to tech companies; in fact, it is being pursued across all other sectors including agriculture, healthcare, banking, financial services, and manufacturing. AI is even implemented in the fields of defence and security.  The manufacturing sector has a keen interest and a sense of optimism regarding the impact that artificial intelligence can have. AI has already gained mainstream attention in news and media and is considered as the technology for the next phases of innovation and the world’s economic boom. AI with giant technologies like IoT, AR, and VR is known to be the building blocks of the fourth generation of the industrial revolution and has evolved as an important technology. Since then, the business leaders are leveraging the technologies to augment human workers and increase the efficiency and productivity. Will artificial intelligence eliminate the human workers altogether from the enterprises? Unfortunately, the reality might be hypothetical. In fact, the future will be a hybrid work environment where both humans and artificial intelligence will work in conjunction.

AI’s impact on employment in the future has remained a huge question. It is clear that the technology implementation will see manual labor and the decline in the manufacturing jobs. According to statistics collected by the Office of National Statistics, it was estimated that over 17 percent of manufacturing jobs were lost in the UK over the past decade and this was only the result of automation. However, based on the study conducted by the consulting firm A.T.Kearney and start-up Drishti, though the robots are employed in the industries, there is still a human requirement in the majority of manufacturing tasks. Humans perform more than 72 percent of manufacturing tasks and generate almost equal proportions of value. In the process of this study, researchers explained their views about human importance in the AI space and confirmed that, at least for now, human labor remains important in the industries. Eventually, this report states that 73 percent of variability comes from human workers and not from machines.

Ultimately, the approach of the human toward the technology decides what’s tomorrow and what it brings. The future looks brighter for those who choose to embrace AI and the opportunities that the technology provides. Due to the advent of AI, there is a need for re-skilling of human workers for new age employability around human-AI collaboration.

Check This Out: Top Manufacturing Execution System Companies

Check Out: The Manufacturing Outlook

Featured Vendors

  • MVI Technologies: Innovative, Future-proof Financial and Payment Switching
    MVI Technologies: Innovative, Future-proof Financial and Payment Switching
  • Dell Technologies: Transforming the Present for the Future
    Dell Technologies: Transforming the Present for the Future
  • SAP Litmos: Where Learning Innovation is The Name of The Game
    SAP Litmos: Where Learning Innovation is The Name of The Game
  • Unis WDC: High-Performance Intelligent Storage Solutions
    Unis WDC: High-Performance Intelligent Storage Solutions
ON THE DECK

SDN 2020

Top Vendors

Telecom 2020

Top Vendors

Previous Next

Read Also

Applications of Data Science in Banking

Applications of Data Science in Banking

How Call Center Agents Can Work Remotely Without Difficulty

How Call Center Agents Can Work Remotely Without Difficulty

Here's How Blockchain Enriches AI and Adds to its Confidence

Here's How Blockchain Enriches AI and Adds to its Confidence

SecuX Wallet Users Can Now Purchase on SecuX Wallet Web App through Coinify.com

SecuX Wallet Users Can Now Purchase on SecuX Wallet Web App through Coinify.com

3 Important Features of Accounting Software

3 Important Features of Accounting Software

Latest Trends in Payment

Latest Trends in Payment

Loading...

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Copyright © 2021 CIO Advisorapac. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap

follow on linkedinfollow on twitter
This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

https://www.cioadvisorapac.com/news/ai-with-human-touch-can-manufacturing-achieve-its-full-potential-nwid-1148.html